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02-26-2013, 03:04 PM
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#43
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Senior Member
Ford Super Duty Owner
Join Date: May 2010
Location: Pensacola Fl
Posts: 667
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1. Oil companies are also traders on their own product.
2. Oil companies are selling diesel outside the US where demand is greater and prices are higher. Reduce our usage and more is available to export at a higher price.
Welcome to the world market.
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02-26-2013, 07:17 PM
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#44
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Senior Member
Freightliner Owners Club
Join Date: Mar 2002
Location: Western WA
Posts: 1,294
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Quote:
Originally Posted by mccsix
1. Oil companies are also traders on their own product.
2. Oil companies are selling diesel outside the US where demand is greater and prices are higher. Reduce our usage and more is available to export at a higher price.
Welcome to the world market.
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Solution: Increase supply. Welcome to Econ 101. It works every time it is tried provided we have a truly free market situation.
__________________
Sold the Motorhome, joined the fully retired gang. '07 Winnebago Journey 34H, ISB-02, MH2500
Toad - '08 Ford Taurus X, Blue Ox, Aventa
US Gear UBS
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02-27-2013, 03:54 AM
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#45
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Senior Member
Newmar Owners Club
Join Date: Oct 2009
Posts: 10,309
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Quote:
Originally Posted by FleetMan
Solution: Increase supply. Welcome to Econ 101. It works every time it is tried provided we have a truly free market situation.
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Ahhhhhhh, that is the solution that they are not looking for! Refinery's are making a lot of money and a flood of cheaper oil would cut into thier net gross. A couple of years ago when the refinery where I work was going to do a crude unit shutdown,THEY wanted this done as fast as possible as they were making $38.00 net profit per barrel of crude! TIMES 70,000 BPD = $$$$$$ (1 MONTH TURN A ROUND)
__________________
2012 Essex 4544 2011 Jeep JK, M&G Braking, 2014 MTI 27' Hog Hauler, Wireless brake control, 2006 Ultra & 1989 Springer, 2003 Harley-Davidson
FLHR Road King Anniversary
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02-27-2013, 06:38 AM
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#46
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Senior Member
Join Date: Jul 2010
Location: Conway, SC
Posts: 2,557
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Quote:
Originally Posted by Sky_Boss
MEH...
Do you even know who the Sec of Transportation is? Have you ever met him? Can you post something to back your statements? I think not because your whole statement if false.
Signed...DOT Employee.
BTW...that statement came NOT from Sec of Transp. (Ray LaHood) but from Steven Chu Sec or Energy prior to him being Sec of Energy. Not withstanding it could certainly be uncomfortable for the current administration...get your "facts" straight.
[self deleted stuff]
[self deleted] for goodness sake, lets discuss facts whether we like them or not.
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I stand corrected. It was Chu not LaHood. Regardless, it was said by an administration Sec. that doesn't own a car(FACT), and what he said is policy of the current administration(FACT). By the way I spent the last 10yrs.(2000/2010) of my career working for the White House, and with that 1st hand knowledge I can tell you it doesn't matter...Republican or Democrat, I quit thinking that they have the best interests of middle America in mind when they set policy either by word or deed.
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02-27-2013, 09:23 AM
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#47
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Senior Member
Join Date: Jul 2010
Location: Conway, SC
Posts: 2,557
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Here's some more food for thought. The Presidents buddy Warren Buffet owns the Burlington Northern Railroad. Guess who profits from the rejection of the Keystone pipeline? Yep, Warren Buffet does by loading that oil in his tank cars for the trip south. It would be a whole lot cheaper to send that oil from Canada by pipeline than by train. But gee, why would they want to do that, when there are huge profits to be made shipping it by rail.
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02-27-2013, 05:06 PM
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#48
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Senior Member
Fleetwood Owners Club iRV2 No Limits Club
Join Date: Sep 2012
Location: Rainbow Riding
Posts: 18,574
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Here's an interesting Dept of Energy site with thoughts on diesel vehicles in general. http://www.fueleconomy.gov/feg/di_diesels.shtml
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Steve & Annie (RVM2)
2008 Fleetwood Bounder 38F ~ 325 ISB Turbo ~ Freightliner XC 2014 CR-V ~ Invisibrake / Sterling All Terrain
Sioux Falls, SD (FullTime Since Nov 5th 2014)
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02-27-2013, 05:08 PM
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#49
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Senior Member
Fleetwood Owners Club iRV2 No Limits Club
Join Date: Sep 2012
Location: Rainbow Riding
Posts: 18,574
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Quote:
Originally Posted by flaggship1
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Some info is dated back to 2011 but still interesting. --- now that was a sloppy edit. Lol.
__________________
Steve & Annie (RVM2)
2008 Fleetwood Bounder 38F ~ 325 ISB Turbo ~ Freightliner XC 2014 CR-V ~ Invisibrake / Sterling All Terrain
Sioux Falls, SD (FullTime Since Nov 5th 2014)
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